Leading housing communities are seeking to offer more amenities as a way to attract quality tenants. To remain competitive, a pool, gym and clubhouse are all but required in today’s associations, but what about some other highly desired amenities? If your HOA is looking to add more features and edge out the competition, consider the following. In addition, ensure your HOA is backed by an iron-clad LA HOA Insurance program.
Adding new amenities is not only a great way to attract quality residents; it’s also an excellent way to ensure high occupancy, high resident satisfaction, and higher property values, explains Slatter HOA Management. So many people have four-legged friends, so consider offering pet-friendly amenities in your HOA. Doggie waste bag centers, plenty of trash cans, and dog washing stations can do the trick.
Play rooms which are adjacent to, and visible from, the fitness center are a great way to let Mom and Dad work out while keeping an eye on things. Complimentary babysitting and childcare services are also a great way to lend your residents an extra set of helping hands, explains the article. Or, consider building a playground with ample seating and things to do for the high-energy kids.
Build a community.
Offer wine tastings, cooking classes and even self-defense classes a s a way to allow your residents to mingle and network. These types of workshops and studios are a great way to build community, as well.
About Scott Litman Insurance Agency
At Scott Litman Insurance Agency, we are dedicated to protecting HOA’s like yours. We have a unique understanding of the industry and the common risk exposures that you face in your daily operations. In fact, we find that 90% of the policies we review are missing coverages that violate the Covenants, Conditions, and Restrictions (CC&R), exposing the board, HOA and management to lawsuits– which is why our comprehensive policies are tailored to meet your specific needs at competitive prices. For more information about our products, contact our experts today at (855) 999-4505, or fill out our online form.